PUBLISHER: BIS Research | PRODUCT CODE: 1622835
PUBLISHER: BIS Research | PRODUCT CODE: 1622835
Europe Maritime Cybersecurity Market: Focus on End User, Solution, Service, Threat Type, and Country-Wise Analysis - Analysis and Forecast, 2023-2033
Introduction to Europe Maritime Cybersecurity Market
The Europe maritime cybersecurity market is projected to reach $3,492.9 million by 2033 from $972.3 million in 2023, growing at a CAGR of 13.64% during the forecast period 2023-2033. Protecting digital assets and networks in the maritime industry from online threats is the main goal of maritime cybersecurity in Europe. As maritime operations depend more and more on digital technologies, cybersecurity has become crucial to ensuring efficiency, safety, and risk mitigation. These dangers range from widespread cyberattacks like viruses and scams to more complex attacks that target shore-based infrastructure and vessel systems. Serious repercussions, including interruptions in business operations, monetary losses, harm to the environment, and even death, can result from cybersecurity breaches. Shipping firms, port authorities, regulatory agencies, and trade associations are important participants in the European maritime cybersecurity market. Techniques like risk assessment, access control, incident response planning, and continuous employee training are necessary for effective cybersecurity management. Global rules, like those established by the International Maritime Organization (IMO) and the International Ship and Port Facility Security (ISPS) Code, provide frameworks for improving cybersecurity within the maritime sector. Collaboration between public and private sectors, along with technological innovation and information sharing, is crucial to address cyber threats effectively. As the maritime industry continues its digital transformation, robust cybersecurity measures will be vital for ensuring resilience and sustainability across European maritime operations.
Market Introduction
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2023 - 2033 |
| 2023 Evaluation | $972.3 Million |
| 2033 Forecast | $3,492.9 Million |
| CAGR | 13.64% |
The maritime sector's growing dependence on digital technologies for communication, navigation, and operations is driving a notable expansion in the European maritime cybersecurity market. Strong cybersecurity is crucial to protecting ships, ports, and associated infrastructure because of the increased susceptibility to cyberattacks that comes with this increased digitization. These dangers can cause operational disruptions, monetary losses, environmental harm, and threats to human safety. They range from viruses and phishing scams to more sophisticated attacks that target vital systems.
The increasing use of cloud computing, automation, and Internet of Things (IoT) devices in the maritime industry is propelling the market. In order to adhere to international standards like the ISPS Code and the regulations of the International Maritime Organization (IMO), major industry participants, including shipping companies, port authorities, and regulatory bodies, are concentrating on fortifying their cybersecurity frameworks. Furthermore, tackling changing cybersecurity challenges requires cooperation between the public and private sectors, improvements in threat detection, and continual staff training. The need for efficient cybersecurity solutions is anticipated to increase as Europe continues to embrace digital transformation in the maritime industry, guaranteeing safer and more robust operations.
Market Segmentation:
Segmentation 1: by Solution
- Threat Detection and Response
- Identity and Access Management
- Network Security
- Data Protection and Encryption
- Others
Segmentation 2: by Service
- Training and Consulting Services
- Risk Assessment and Investigation
- Support and Maintenance
- Managed Services
Segmentation 3: by Threat Type
- Malware Attacks
- Phishing Attacks
- Insider Threats
- Others
Segmentation 4: by End User
- Port Authorities
- Shipping Companies and Transportation
- Maritime Insurers
- Others
Segmentation 5: by Country
- U.K.
- Germany
- France
- Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of services available for deployment and their potential in Europe region. Moreover, the study provides the reader with a detailed understanding of the Europe maritime cybersecurity market by products based on solution, service, and threat type.
Growth/Marketing Strategy: The Europe maritime cybersecurity market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships to strengthen their position in the Europe maritime cybersecurity market
Competitive Strategy: Key players in the Europe maritime cybersecurity market analyzed and profiled in the study involve maritime cybersecurity products and service offering companies. Moreover, a detailed competitive benchmarking of the players operating in the Europe maritime cybersecurity market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Table of Contents
Executive Summary
Scope and Definition
1 Markets
- 1.1 Trends: Current and Future Impact Assessment
- 1.1.1 Artificial Intelligence and Machine Learning in Cybersecurity
- 1.1.2 Increased Connectivity
- 1.1.3 Zero Trust Architecture (ZTA)
- 1.2 Supply Chain Overview
- 1.3 Regulatory and Environmental Considerations
- 1.3.1 Regulatory Implications
- 1.4 Ecosystem/Ongoing Programs
- 1.4.1 Series of Assessments, including Threat Modeling and Open-Source Intelligence, Performed by NCC Group
- 1.5 Startup Funding Summary
- 1.6 Market Dynamics Overview
- 1.6.1 Business Drivers
- 1.6.1.1 Increasing Cyber Threats and Attacks
- 1.6.1.2 Digitalization of Maritime Operations
- 1.6.1.3 Global Supply Chain Reliance on Maritime Transport
- 1.6.2 Business Challenges
- 1.6.2.1 Lack of Trained Personnel
- 1.6.2.2 Complex Regulatory Environment
- 1.6.3 Business Opportunities
- 1.6.3.1 Cybersecurity for Autonomous Vessels
- 1.6.3.2 Integration of Internet of Things (IoT) and Operational Technology (OT) Security
- 1.6.1 Business Drivers
2 Regions
- 2.1 Regional Summary
- 2.2 Drivers and Restraints
- 2.3 Europe
- 2.3.1 Regional Overview
- 2.3.2 Driving Factors for Market Growth
- 2.3.3 Factors Challenging the Market
- 2.3.4 Application
- 2.3.5 Product
- 2.3.6 U.K.
- 2.3.7 Application
- 2.3.8 Product
- 2.3.9 Germany
- 2.3.10 Application
- 2.3.11 Product
- 2.3.12 France
- 2.3.13 Application
- 2.3.14 Product
- 2.3.15 Rest-of-Europe
- 2.3.16 Application
- 2.3.17 Product
3 Markets - Competitive Benchmarking & Company Profiles
- 3.1 Next Frontiers
- 3.2 Geographic Assessment
- 3.2.1 SAAB AB
- 3.2.1.1 Overview
- 3.2.1.2 Top Products/Product Portfolio
- 3.2.1.3 Top Competitors
- 3.2.1.4 Target Customers
- 3.2.1.5 Key Personnel
- 3.2.1.6 Analyst View
- 3.2.1.7 Market Share, 2022
- 3.2.2 Thales
- 3.2.2.1 Overview
- 3.2.2.2 Top Products/Product Portfolio
- 3.2.2.3 Top Competitors
- 3.2.2.4 Target Customers
- 3.2.2.5 Key Personnel
- 3.2.2.6 Analyst View
- 3.2.2.7 Market Share, 2022
- 3.2.3 Leonardo S.p.A.
- 3.2.3.1 Overview
- 3.2.3.2 Top Products/Product Portfolio
- 3.2.3.3 Top Competitors
- 3.2.3.4 Target Customers
- 3.2.3.5 Key Personnel
- 3.2.3.6 Analyst View
- 3.2.3.7 Market Share, 2022
- 3.2.4 Airbus SE
- 3.2.4.1 Overview
- 3.2.4.2 Top Products/Product Portfolio
- 3.2.4.3 Top Competitors
- 3.2.4.4 Target Customers
- 3.2.4.5 Key Personnel
- 3.2.4.6 Analyst View
- 3.2.4.7 Market Share, 2022
- 3.2.5 BAE Systems
- 3.2.5.1 Overview
- 3.2.5.2 Top Products/Product Portfolio
- 3.2.5.3 Top Competitors
- 3.2.5.4 Target Customers
- 3.2.5.5 Key Personnel
- 3.2.5.6 Analyst View
- 3.2.5.7 Market Share, 2022
- 3.2.6 Terma
- 3.2.6.1 Overview
- 3.2.6.2 Top Products/Product Portfolio
- 3.2.6.3 Top Competitors
- 3.2.6.4 Target Customers
- 3.2.6.5 Key Personnel
- 3.2.6.6 Analyst View
- 3.2.6.7 Market Share, 2022
- 3.2.7 Westminster Group Plc
- 3.2.7.1 Overview
- 3.2.7.2 Top Products/Product Portfolio
- 3.2.7.3 Top Competitors
- 3.2.7.4 Target Customers
- 3.2.7.5 Key Personnel
- 3.2.7.6 Analyst View
- 3.2.7.7 Market Share, 2022
- 3.2.8 Kongsberg Digital
- 3.2.8.1 Overview
- 3.2.8.2 Top Products/Product Portfolio
- 3.2.8.3 Top Competitors
- 3.2.8.4 Target Customers
- 3.2.8.5 Key Personnel
- 3.2.8.6 Analyst View
- 3.2.8.7 Market Share, 2022
- 3.2.9 Smiths Group plc
- 3.2.9.1 Overview
- 3.2.9.2 Top Products/Product Portfolio
- 3.2.9.3 Top Competitors
- 3.2.9.4 Target Customers
- 3.2.9.5 Key Personnel
- 3.2.9.6 Analyst View
- 3.2.9.7 Market Share, 2022
- 3.2.10 Nettitude Ltd.
- 3.2.10.1 Overview
- 3.2.10.2 Top Products/Product Portfolio
- 3.2.10.3 Top Competitors
- 3.2.10.4 Target Customers
- 3.2.10.5 Key Personnel
- 3.2.10.6 Analyst View
- 3.2.10.7 Market Share, 2022
- 3.2.11 HGH
- 3.2.11.1 Overview
- 3.2.11.2 Top Products/Product Portfolio
- 3.2.11.3 Top Competitors
- 3.2.11.4 Target Customers
- 3.2.11.5 Key Personnel
- 3.2.11.6 Analyst View
- 3.2.11.7 Market Share, 2022
- 3.2.12 Other Key Players
- 3.2.1 SAAB AB
4 Research Methodology
- 4.1 Data Sources
- 4.1.1 Primary Data Sources
- 4.1.2 Secondary Data Sources
- 4.1.3 Data Triangulation
- 4.2 Market Estimation and Forecast
List of Figures
- Figure 1: Maritime Cybersecurity Market (by Region), $Million, 2022, 2023, and 2033
- Figure 2: Europe Maritime Cybersecurity Market (by End User), $Million, 2022, 2023, and 2033
- Figure 3: Europe Maritime Cybersecurity Market (by Solution), $Million, 2022, 2023, and 2033
- Figure 4: Europe Maritime Cybersecurity Market (by Service), $Million, 2022, 2023, and 2033
- Figure 5: Europe Maritime Cybersecurity Market (by Threat Type), $Million, 2022, 2023, and 2033
- Figure 6: Maritime Cybersecurity Market, Recent Developments
- Figure 7: Value Chain Analysis
- Figure 8: Impact Analysis of Market Navigating Factors, 2023-2033
- Figure 9: U.K. Maritime Cybersecurity Market, $Million, 2022-2033
- Figure 10: Germany Maritime Cybersecurity Market, $Million, 2022-2033
- Figure 11: France Maritime Cybersecurity Market, $Million, 2022-2033
- Figure 12: Rest-of-Europe Maritime Cybersecurity Market, $Million, 2022-2033
- Figure 13: Strategic Initiatives, 2020-2024
- Figure 14: Share of Strategic Initiatives, 2020-2024
- Figure 15: Data Triangulation
- Figure 16: Top-Down and Bottom-Up Approach
- Figure 17: Assumptions and Limitations
List of Tables
- Table 1: Market Snapshot
- Table 2: Maritime Cybersecurity Market, Opportunities across Regions
- Table 3: From a policy perspective, the U.K. and the U.S. are the leading geographies with a seemingly favorable environment.
- Table 4: Maritime Cybersecurity (by Region), $Million, 2022-2033
- Table 5: Europe Maritime Cybersecurity Market (by End User), $Million, 2022-2033
- Table 6: Europe Maritime Cybersecurity Market (by Solution), $Million, 2022-2033
- Table 7: Europe Maritime Cybersecurity Market (by Service), $Million, 2022-2033
- Table 8: Europe Maritime Cybersecurity Market (by Threat Type), $Million, 2022-2033
- Table 9: U.K. Maritime Cybersecurity Market (by End User), $Million, 2022-2033
- Table 10: U.K. Maritime Cybersecurity Market (by Solution), $Million, 2022-2033
- Table 11: U.K. Maritime Cybersecurity Market (by Service), $Million, 2022-2033
- Table 12: U.K. Maritime Cybersecurity Market (by Threat Type), $Million, 2022-2033
- Table 13: Germany Maritime Cybersecurity Market (by End User), $Million, 2022-2033
- Table 14: Germany Maritime Cybersecurity Market (by Solution), $Million, 2022-2033
- Table 15: Germany Maritime Cybersecurity Market (by Service), $Million, 2022-2033
- Table 16: Germany Maritime Cybersecurity Market (by Threat Type), $Million, 2022-2033
- Table 17: France Maritime Cybersecurity Market (by End User), $Million, 2022-2033
- Table 18: France Maritime Cybersecurity Market (by Solution), $Million, 2022-2033
- Table 19: France Maritime Cybersecurity Market (by Service), $Million, 2022-2033
- Table 20: France Maritime Cybersecurity Market (by Threat Type), $Million, 2022-2033
- Table 21: Rest-of-Europe Maritime Cybersecurity Market (by End User), $Million, 2022-2033
- Table 22: Rest-of-Europe Maritime Cybersecurity Market (by Solution), $Million, 2022-2033
- Table 23: Rest-of-Europe Maritime Cybersecurity Market (by Service), $Million, 2022-2033
- Table 24: Rest-of-Europe Maritime Cybersecurity Market (by Threat Type), $Million, 2022-2033
